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Record the depreciation of Machine C. ote: Enter debits before credits. Required information [The following information applies to the questions displayed below.] During the current

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed Record the depreciation of Machine C. ote: Enter debits before credits. Required information [The following information applies to the questions displayed below.] During the current year, Yost Company disposed of three different assets. On January 1 of the current year, prior to the disposal of the assets, the accounts reflected the following: The machines were disposed of during the current year in the following ways: a. Machine A: Sold on January 1 for $8,700 cash. b. Machine B: Sold on December 31 for $53,120; received cash, $42,496, and an $10,624 interest-bearing (12 percent) note receivable due at the end of 12 months. c. Machine C: On January 1, this machine suffered irreparable damage from an accident. On January 10, a salvage company removed the machine at no cost. Record the disposal of Machine C. Enter debits before credits. Record the depreciation of Machine A. Note: Enter debits before credits. Record the disposal of Machine B. ote: Enter debits before credits. [The following information applies to the questions displayed below.] During the current year, Yost Company disposed of three different assets. On January 1 of the current year, prior to the disposal of the assets, the accounts reflected the following: The machines were disposed of during the current year in the following ways: a. Machine A: Sold on January 1 for $8,700 cash. b. Machine B: Sold on December 31 for $53,120; received cash, $42,496, and an $10,624 interest-bearing (12 percent) note receivable due at the end of 12 months. c. Machine C: On January 1, this machine suffered irreparable damage from an accident. On January 10, a salvage company removed the machine at no cost. Record the depreciation of Machine B. lote: Enter debits before credits

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